ReGen III Corp. (CVE:GIII – Get Free Report)’s share price was down 8.6% during trading on Friday. The company traded as low as C$0.16 and last traded at C$0.16. 143,800 shares traded hands during mid-day trading, an increase of 86% from the average session volume of 77,204 shares. The stock had previously closed at C$0.17.
ReGen III Stock Down 8.6%
The stock has a 50 day simple moving average of C$0.17 and a 200 day simple moving average of C$0.18. The company has a quick ratio of 0.81, a current ratio of 2.06 and a debt-to-equity ratio of -144.22. The stock has a market cap of C$24.76 million, a price-to-earnings ratio of -5.33 and a beta of 0.88.
About ReGen III
ReGen III Corp., a cleantech company, engages in the used motor oil refining business in Canada. It owns a portfolio of patented technologies that enable used motor oil re-refineries to produce a higher value product mix of base oils. The company was formerly known as Gen III Oil Corporation and changed its name to ReGen III Corp. in May 2021. The company is headquartered in Vancouver, Canada.
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